Business aviation is a highly complex and regulated sector. Apart from essential funding, there are jurisdictional, operational, regulatory, tax, and capital treatment factors to consider. At the same time, activities such as operational costs and technology...
Opening a bank account in a foreign jurisdiction is an effective vehicle that private investors and businesses value due to the excellent asset protection and wealth management benefits it provides. While misconception remains that opening an international bank...
The Luxembourg private wealth management company or the SOPARFI (the Luxembourg holding and finance company) are two structures born in the Grand-duchy of Luxembourg. Luxembourg is highly regarded as a premier wealth management hub in Europe. The strategic location,...
The Luxembourg Family Wealth Management Company (SPF or société de gestion de patrimoine familial) is a form of investment vehicle. The purpose of this company is to buy, hold, sell and manage financial assets of its investors. It helps in performing effective...
In this day and age, having multinational presence is imperative to maximize your personal and business growth potential. Expanding into new markets is now a requirement as it allows you to explore greater opportunities outside of your comfort zone. Opening an...
An overseas bank account refers to a bank account you have in a country you don’t reside in. This type of bank account can be used for a host of financial transactions, including making and receiving payments, holding money, and establishing savings and investment...
The main objective of a trust is to make a clear distinction between the beneficial and legal ownership of assets. In essence, the legal ownership of an asset lies on the trustee. On the other hand, the beneficiaries may take advantage from the income generated from...
The main aim of setting up a family trust is to protect the ownership of assets. This is a simple and easy-to-digest detail of how a trust works. A family transfers legal ownership of accumulated assets to trustees while simultaneously enjoying the benefits under...
